Earl Mann's Bug Shop Inc.
How we got $342K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 25 years (since 2001)
From public records and the company's website, not a statement that it's for sale.
What they do
Earl Mann's Bug Shop is a family-run Volkswagen restoration and repair business that works on late model VWs and air-cooled classics. It keeps a large inventory of air-cooled and water-cooled parts.
From the company's website. Industry: Auto repair.
Customers & suppliers
Customers
- Pepsi-Cola · named on its website
Estimated value over time
▲ 57% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| EARL MANN'S BUG SHOP INC. this business | $1.1M | — |
| RF Automotive Ardmore | $1.4M | 1.0 mi |
| WATSON TOOLS INC Ardmore · 1 employees | $330K | 2.1 mi |
| B & B Truck Service Ardmore | $2.8M | 2.1 mi |
| 199 Collision Ardmore | $1.4M | 2.2 mi |
| JR’s Corner Ardmore | $1.4M | 2.2 mi |
| AAMCO Transmissions Ardmore | $1.4M | 2.4 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $802K |
| Estimate: the two combined (geometric mean) | $1.1M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $149K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $342K |
| Multiple for this size and industry | 2.3× |
| Value range | $180K – $467K |
| Revenue range | $709K – $1.2M |
| EBITDA range | $98K – $169K |
| Industry (NAICS) | General Automotive Repair (811111) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingFirst National Bank and Trust Company of ArdmorePPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| First National Bank and Trust Company of Ardmore PPP 2020 | All 457 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $28K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Earl Mann's Bug Shop Inc.
Earl Mann's Bug Shop Inc. is an auto repair company in Ardmore, Oklahoma, in business since 2001. It is owned by Dale Shick-. Its estimated annual revenue is about $1.1M, with roughly $149K of EBITDA. It has about 5 employees. Its estimated business value is $342K (likely range $180K–$467K).
Common questions
- Who owns Earl Mann's Bug Shop Inc.?
- Earl Mann's Bug Shop Inc. is owned by Dale Shick-, according to public sources such as the company's website or filings.
- How much revenue does Earl Mann's Bug Shop Inc. make?
- SeeBITDA estimates Earl Mann's Bug Shop Inc.'s annual revenue at about $1.1M (likely between $709K and $1.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Earl Mann's Bug Shop Inc. worth?
- About $342K, roughly 2.3× its estimated EBITDA of $149K, typical for a auto repair company its size. Likely range: $180K–$467K.
- How many employees does Earl Mann's Bug Shop Inc. have?
- About 5, as reported on its PPP loan.
- When was Earl Mann's Bug Shop Inc. founded?
- Earl Mann's Bug Shop Inc. has been in business since 2001.